People involved in Shanghai social security fund case

Zhang Rongkun, the former chairman of Shanghai Fuxi Investment Holding Co., Ltd., is the core figure in the Shanghai social security case.

On February 27th, 2007, No.65438, the trial was held in Songyuan Intermediate People's Court of Jilin Province. He is suspected of accepting bribes, manipulating the securities market, fraudulently issuing bonds and falsely reporting registered capital. In June 2008, the verdict was pronounced in the second instance, and it was sentenced to 19, with a fine of about1600 million yuan. Zhu Junyi, former director of Shanghai Labor and Social Security Bureau, is a key figure in the Shanghai social security case.

On September 23, 2007, Changchun Intermediate People's Court found him guilty of three crimes: accepting bribes of about 1.6 million yuan, misappropriating public funds of 1 100 million yuan, and abusing his power. Sentenced to fixed-term imprisonment 18 years. Wang Weigong, the former deputy general manager of Shanghai Shenneng (Group) Co., Ltd., once served as a senior leadership secretary in Shanghai, and arranged a bridge for Zhang Rongkun, accepting a bribe of 9.5 million yuan from Zhang Rongkun. In April 2009, the death penalty of first instance was suspended.